ACCOUNTING PRINCIPLES II Section3 Lecture (20202_0201110 Dashboard / My courses / ACCOUNTING PRINCIPLES II Section Lecture (20202_020111021 MAUP JENIN) / 19 June - 25 June / 2nd Exam Time left 0:59:53 Question 1 Not yet Hamada Company borrows $20,000 on October 1 from Arab bank by signing a $20,000, 10%, six monthnote payable. The journal entry to record accrued interest at December 31, assuming adjusting entries are made only at the end of the year is answered Marked out of 1.00 Flag question O Debit Interest payable 500 and credit Interest expense 500 O b. Debit interest expense 500 and credit Interest payable 500 Oc Debit Interest expense 1,000 and credit Interest payable 1,000 O d. Debit interest expense 2,000 and credit Interest payable 2,000 Next page lumn to - ch 12 ont Windows Windows Sara omaria 11 (1).docx A Sara omania 11.docx . / E ONDA